Effective joint ventures with government
(The Philippine Star) - January 2, 2018 - 12:00am

MANILA, Philippines — Joint ventures (JVs) are increasingly becoming popular as a faster and easier approach toward implementing infrastructure, development and social service-related projects at the national and local government levels. To accelerate more economic growth through public-private partnerships, the National Economic and Development Authority (NEDA) released the 2013 revised JV Guidelines applicable for government-owned and controlled corporations, government instrumentalities, government financial institutions, and state universities and colleges.  For local government units (LGUs), they are governed by their own JV ordinances. The authority of LGUs to enter into JVs and provide their own guidelines has been affirmed by the Department of Interior and Local Government and the Department of Justice.

To guide the private sector on how to JV with the government and vice versa, the Center for Global Best Practices will be holding a seminar titled, “Business And Public Officials’ Guide on How to Effectively Joint Venture Legally with The Government” on Jan. 24, 2018 at the Marriot Hotel, Resorts World Manila, Pasay City.

This one-day special seminar will deal on the definition of a JV, requirements, cash and non-cash contributions of parties, procedures for selecting partners, bundling or unbundling of project components, and trends, opportunities and challenges. Examples of existing and prospective JV projects such as water, reclamation, public markets, bus terminals, land development, government centers, power, transport, and more. Participants will get soft copy compilation of templates of actual and proposed JV ordinances.

This program will feature Atty. Alberto Agra, a certified PPP specialist, certified regulation specialist (Institute for Public-Private Partnerships), PPP Law and Local Government Law professor and a political law bar reviewer (Ateneo Law School). Presently, he is serving the government as chairman of the Philippines Reclaration Authority.

For details and all other best practices seminars including How to Prepare Unsolicited Proposals, How To Prepare Bidding Documents, and more, check www.cgbp.org or call Manila lines at (02) 842-7148/ 59; 556-8968/ 69; Cebu lines at (032) 512-3106 to 07 and Baguio at (074) 423-5148.

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